[Download] "Converting Tax Incentives Into Profitable Historic Rehabilitation Projects." by Real Estate Issues # Book PDF Kindle ePub Free
eBook details
- Title: Converting Tax Incentives Into Profitable Historic Rehabilitation Projects.
- Author : Real Estate Issues
- Release Date : January 22, 2004
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 246 KB
Description
SINCE 1976, RESOURCEFUL DEVELOPERS HAVE taken advantage of significant tax incentives to rehabilitate historic properties into profitable development projects. Such incentives have sparked renewed interest in reviving forgotten local landmarks and have enabled developers to successfully tap into an emerging market of commercial and residential tenants who are looking for unique space. However, according to the National Trust for Historic Preservation, historic tax credits are widely underutilized. So, what tax incentives are available for historic rehabilitation projects and how can a developer take advantage of them? It depends upon the location of the property--in many cases a project may qualify for federal and state historic tax credits and New Markets Tax Credits.
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